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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />North Branch <br />2015 North Broadwell <br />Grand Island, NE 68803 <br />11 1111111111111111111111 <br />ru <br />m <br />-n <br />Z <br />n <br />FIVE POINTS BANK <br />111111111111111111111 1111111111111111111111 111 III II I IIIII IIIII I1111111111111I <br />* 000000000101295277011504272016* <br />11 <br />1011 <br />c t) <br />CA) <br />FOR RECORDER'S USE ONLY <br />1111 <br />011111 <br />111 <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated April 27, 2016, is made and executed between WING <br />EMPIRE, INC.; A NEBRASKA CORPORATION (referred to below as "Grantor ") and Five Points <br />Bank, whose address is 2015 North Broadwell, Grand Island, NE 68803 (referred to below as <br />"Lender "). <br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security <br />interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents <br />from the following described Property located in HALL County, State of Nebraska: <br />LOT TWO (2), BLOCK FIFTY FOUR (54), IN THE ORIGINAL TOWN, NOW THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NE <br />The Property or its address is commonly known as 115 E SOUTH FRONT, GRAND ISLAND, <br />NE. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment <br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br />Borrower, together with all interest thereon. <br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br />AND ALL OBLIGATIONS OF BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED <br />DOCUMENTS. THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />GRANTOR'S WAIVERS. Grantor waives all rights or defenses arising by reason of any "one action" or "anti- deficiency" <br />law, or any other law which may prevent Lender from bringing any action against Grantor, including a claim for <br />deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement <br />or completion of any foreclosure action, either judicially or by exercise of a power of sale. <br />BORROWER'S WAIVERS AND RESPONSIBILITIES. Lender need not tell Borrower about any action or inaction Lender <br />takes in connection with this Assignment. Borrower assumes the responsibility for being and keeping informed about <br />rrt <br />tU Q <br />1-.- 4 G� <br />C <br />N.) <br />M <br />Q) <br />0 <br />